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20121027
20121104
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president obama, citing his record on climate change issues such as raising fuel emissions standards. meanwhile, gop vice presidential candidate paul ryan suggests taking another route. his idea is to drill for oil in the arctic, then invest the profits in renewable energy. consumers proved to be in a spending mood this october. the international council of shopping centers says retailers are reporting modest gains for the month. costco was one of those stores, with sales rising 7% from the same time last year. macy's' same-store sales popped 4.1%, while target saw a smaller increase of 2.4% - lower than analyst expectations. however, superstorm sandy remains a concern going forward. analysts think some consumers along the east coat may have spent extra preparing for sandy and that it could have an impact on christmas spending. retailers hope the spending trend continues into the holiday shopping season. big retailers such as best buy, macy's, kohl's and walmart all open bright and early at 12 am on black friday. kmart opens at 5 am and toys 'r' us at 9 am. and online shopping isn't
's campaign has an event in milwaukee. tomorrow, president obama will be in green bay. the volitility index, better known as the vix, may be signaling better days ahead. according to reports, a strategist at jpm morgan believes if the vix remains near current levels this week, it will mark a transition from crisis to normal time. his theory is if the vix stays around 16, the 52-week moving average will fall below the july 2011 level to its lowest point since february 2008. we asked a couple of options traders to weigh in, starting with scott bauer of trading advantage. "yes, i do believe that if we get through the crisis of these horrendous earnings we've been seeing over the past couple weeks and we stablize and stay in this range, i do think we will be back to what we call that normal trading range." "i think it's too early to tell right now from the vix if the environment out there is going to be more normalized for the next several months." dan deming of stutland equities also says vix futures continue to indicate there is still uncertainty, and the upcoming election could play a role i
disaster assistance, grants or loans. president obama is already making government assistance available in new york city and parts of new jersey. an executive-level shake-up at apple: two senior vice presidents, one in charge of apple's retail stores and the other tied to the google maps debacle, are leaving the company. john browett's departure is immediate. he cut staffing hours at apple's retail stores, a traditional retail move to improve profits but which, at apple, undercut what some describe as ambassadors of apple's brand who guide customers to in-person technical support. scott forstall's software division replaced google maps with apple's own maping application that suffered heavy criticism from iphone five customers. apple admits the retail cutbacks were a mistake and has apologized for weaknesses in its mapping application. boeing is delaying the delivery united continental. the airline picked up its first 787 in september. the timetable for the next delivery is unclear. meanwhile, boeing reportedly is closing a deal to sell 35 of its redesigned 737 aircraft to russia's avi
of money after the election? > > i don't. i think that what you'll see is an obama victory will be met with a small rally followed by some selling, and a romney victory will be met with some buying. but i think that the money is going to stay held tightly in hand, because right now most people are still trading ben bernanke and the fed and the money-printing system, and we know that in the long run that's not a great system to be trading. so better to be in cash than to try and case for yield in a field where you can't really find true answers yet. > > but at least the economy is still clicking. good to have you on the show this morning, todd. take care. > > thank you so much. have a great day. some airlines have resumed limited service to some of new york's airports, but some have not, and it's leaving some passengers, especially business travelers, up in the air. in our cover story, the reasons your meetings may be cancelled are underwater at the end of a runway. airlines hope to resume flights to new york's laguardia airport thursday afternoon. limited service returned to jfk and ne
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